Reporting Segments and Related Information (Tables)

12 Months Ended

Dec. 31, 2015

Segment Reporting [Abstract]

Earnings Contribution of Northern Trust's Reporting Segments

The following tables show the earnings contribution of Northern Trust’s reporting segments for the years ended December 31, 2015, 2014, and 2013.

TABLE 120: CORPORATE AND INSTITUTIONAL SERVICES RESULTS OF OPERATIONS

	FOR THE YEAR ENDED DECEMBER 31,
(In Millions)	2015			2014			2013
NONINTEREST INCOME
Trust, Investment and Other Servicing Fees	$	1,696.9		$	1,584.0		$	1,443.8
Foreign Exchange Trading Income	249.4			200.4			238.8
Other Noninterest Income	170.5			177.9			177.3
Net Interest Income (Note)	414.4			310.0			275.9
Revenue (Note)	2,531.2			2,272.3			2,135.8
Provision for Credit Losses	(22.6		)	5.8			(3.4		)
Noninterest Expense	1,856.4			1,732.8			1,657.9
Income before Income Taxes (Note)	697.4			533.7			481.3
Provision for Income Taxes (Note)	212.8			149.4			145.6
Net Income	$	484.6		$	384.3		$	335.7
Percentage of Consolidated Net Income	50		%	47		%	46		%
Average Assets	$	42,313.9		$	59,462.9		$	53,308.2

Note: Stated on an FTE basis.

TABLE 121: WEALTH MANAGEMENT RESULTS OF OPERATIONS

	FOR THE YEAR ENDED DECEMBER 31,
(In Millions)	2015			2014			2013
NONINTEREST INCOME
Trust, Investment and Other Servicing Fees	$	1,283.6		$	1,248.8		$	1,166.0
Foreign Exchange Trading Income	12.4			9.7			5.6
Other Noninterest Income	111.8			98.3			116.7
Net Interest Income (Note)	568.1			536.1			557.7
Revenue (Note)	1,975.9			1,892.9			1,846.0
Provision for Credit Losses	(20.4		)	0.2			23.4
Noninterest Expense	1,291.9			1,268.7			1,215.0
Income before Income Taxes (Note)	704.4			624.0			607.6
Provision for Income Taxes (Note)	264.7			234.8			229.2
Net Income	$	439.7		$	389.2		$	378.4
Percentage of Consolidated Net Income	45		%	48		%	52		%
Average Assets	$	25,048.7		$	23,629.3		$	22,887.6

Note: Stated on an FTE basis.

TABLE 122: TREASURY AND OTHER RESULTS OF OPERATIONS

	FOR THE YEAR ENDED DECEMBER 31,
(In Millions)	2015			2014			2013
Noninterest Income	$	107.9		$	6.6		$	8.0
Net Interest Income (Note)	112.9			188.8			132.0
Revenue (Note)	220.8			195.4			140.0
Noninterest Expense	132.3			133.5			120.9
Income before Income Taxes (Note)	88.5			61.9			19.1
Provision for Income Taxes (Note)	39.0			23.6			1.9
Net Income	$	49.5		$	38.3		$	17.2
Percentage of Consolidated Net Income	5		%	5		%	2		%
Average Assets	$	43,352.5		$	20,991.3		$	18,661.9

Note: Stated on an FTE basis.

TABLE 123: CONSOLIDATED FINANCIAL INFORMATION

	FOR THE YEAR ENDED DECEMBER 31,
(In Millions)	2015			2014		2013
NONINTEREST INCOME
Trust, Investment and Other Servicing Fees	$	2,980.5		$	2,832.8	$	2,609.8
Foreign Exchange Trading Income	261.8			210.1		244.4
Other Noninterest Income	390.2			282.8		302.0
Net Interest Income (Note)	1,095.4			1,034.9		965.6
Revenue (Note)	4,727.9			4,360.6		4,121.8
Provision for Credit Losses	(43.0		)	6.0		20.0
Noninterest Expense	3,280.6			3,135.0		2,993.8
Income before Income Taxes (Note)	1,490.3			1,219.6		1,108.0
Provision for Income Taxes (Note)	516.5			407.8		376.7
Net Income	$	973.8		$	811.8	$	731.3
Average Assets	$	110,715.1		$	104,083.5	$	94,857.7

Note: Stated on an FTE basis. The consolidated figures include $25.3 million, $29.4 million, and $32.5 million, of FTE adjustments for 2015, 2014, and 2013, respectively.

Distribution of Total Assets and Operating Performance

The table below summarizes Northern Trust’s performance based on the allocation process described above without regard to guarantors or the location of collateral.

TABLE 124: DISTRIBUTION OF TOTAL ASSETS AND OPERATING PERFORMANCE

(In Millions)	TOTAL ASSETS		TOTAL REVENUE		INCOME BEFORE INCOME TAXES		NET INCOME
2015
Non-U.S.	$	30,636.5	$	1,358.4	$	483.2	$	344.4
U.S.	86,113.1		3,344.2		981.8		629.4
Total	$	116,749.6	$	4,702.6	$	1,465.0	$	973.8
2014
Non-U.S.	$	28,326.1	$	1,341.8	$	446.5	$	322.7
U.S.	81,620.4		2,989.4		743.7		489.1
Total	$	109,946.5	$	4,331.2	$	1,190.2	$	811.8
2013
Non-U.S.	$	30,241.3	$	1,101.0	$	272.4	$	201.3
U.S.	72,706.0		2,988.3		803.1		530.0
Total	$	102,947.3	$	4,089.3	$	1,075.5	$	731.3

Note: Total revenue is comprised of net interest income and noninterest income.